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Have BTC been consolidating and accumulating over the past three months?
Yes, it looks like accumulation is happening,
Currently, nearly $10 billion in long positions have been accumulated,
But it's not considered true accumulation in the strict sense,
Why is that?
True accumulation involves slight fluctuations at the bottom,
Oscillating within a range to accumulate, controlling costs,
The current trend is not marked as accumulation,
It more resembles continuous upward movement to gather funds, heading towards liquidity for short positions above.
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